Representative Finance: Sending the region’s share depends on the implementation of four paragraphs of the budget

by **claud39** Wed May 26, 2021 10:13 am

Representative Finance: Sending the region’s share depends on the implementation of four paragraphs of the budget

05/26/2021

Economy News _ Baghdad

The Parliamentary Finance Committee confirmed, on Wednesday, that sending the region’s share depends on the implementation of the four paragraphs of the budget, pointing out that the region must implement all these conditions.

Committee member Jamal Cougar said in an interview with the Iraqi News Agency, which was followed by "Al-Iktissad News", that "there are four paragraphs in the budget, if the federal and regional governments agree on them and apply them, then the budget will be sent to Kurdistan."

He continued, "The first paragraph is that the region must deliver oil of no less than 250 thousand barrels per day, and the second paragraph is to deliver half of the non-oil imports to the center, while the third paragraph is to hand over the lists for preparing employees, and the fourth paragraph allows the Federal Office of Supervision to coordinate with the Bureau Financial control in the region has been auditing the region's accounts since 2003. "

He added, "Sending the region's share of the budget depends on the application of these four paragraphs," noting that "the delegation of the region must visit Baghdad and inform them of its readiness to implement all these conditions."

He stressed "the importance of not stopping the budget due to some administrative matters," calling on "the federal government to send the budget to the region, and if there is any note that it checks, but if a defect is recorded, it is possible for the center to deduct it from the region’s funds for the rest of the months."

The Kurdistan Democratic Party announced, earlier, that a delegation from the region will visit Baghdad soon to implement the provisions of the budget and distribute the salaries of employees without deduction.

https://economy-news.net/content.php?id=25184